Is The King & The Bear, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The King & The Bear has remained a Seller's Market.
Key Takeaway
The King & The Bear is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The King & The Bear, FL
How much do homes in The King & The Bear, FL cost?
Median Sold Price
$499,995
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in The King & The Bear has remained the same since last year.
Summary: The median home sold price in The King & The Bear was $499,995 in April 2024, up 0.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $259.8K | -5.5% |
| 2 Bedrooms | $420K | $428.1K | +1.9% |
| 3 Bedrooms | $450K | $425K | -5.6% |
| 4 Bedrooms | $519.9K | $520K | 0.0% |
| 5+ Bedrooms | $615K | $595K | -3.3% |
Summary: The King & The Bear housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in The King & The Bear, FL
How many homes are available in The King & The Bear, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 117 | 120 | +2.6% |
Summary: The The King & The Bear real estate market had 120 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 32 | 36 | +12.5% |
| 4 Bedrooms | 57 | 52 | -8.8% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The The King & The Bear housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The King & The Bear, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in The King & The Bear in April 2024, down by 4.2% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for The King & The Bear, FL
How long does it take to sell a home in The King & The Bear, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 90 Days | +16.0% |
Summary: Homes in The King & The Bear had an average of 90 days on market in Apr 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in The King & The Bear are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 23 homes were sold in The King & The Bear; 26% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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